According to the latest figures, tuition for the 2022-23 school year at the Skinworks School of Advanced Skincare declined by 3.1%, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private for-profit institution paid $14,497 this year, which is $457 less than the $14,954 charged during the 2021-22 academic year.
The entire undergraduate student body at the school consists of residents of Utah.
Data indicates that 80% of full-time undergraduates who began their studies at Skinworks School of Advanced Skincare in 2022-23 received some form of financial aid. Specifically, 25 students were awarded grants or scholarships totaling $118,203, while 27 students secured student loans exceeding $204,836.
Across all undergraduates, 97 students benefited from grants or scholarships amounting to $416,338. Additionally, 103 students borrowed $613,355 in federal student loans.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
The following data includes only full-time students who began an undergraduate program at the Skinworks School of Advanced Skincare in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 25 | 63% | $118,203 | $4,728 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 25 | 63% | $118,203 | $4,728 |
| Federal student loans | 27 | 68% | $204,836 | $7,587 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 27 | 68% | $204,836 | $7,587 |
| Total student aid | 32 | 80% | $323,039 | $10,094 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
